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Broker needed for USA clients. Must allow hedging and participate in rebates.
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statman

Mitglied seit Aug 22, 2010  22 Beiträge statman Jun 06 2012 at 19:33
How about those deposit and withdrawl fees that FinFx charges? Anyone find that annoying?

Seanblaque

Mitglied seit Nov 23, 2011  33 Beiträge Sean (Seanblaque) Jun 07 2012 at 02:41
how much are they charging for deposit and withdrawal fees?

#BaseHits Lead to Runs!!!
Noamtrader

Mitglied seit Jun 06, 2012  2 Beiträge Noamtrader Jun 07 2012 at 10:16
A few of my US mates and I trade with FX Choice and are very pleased with the service and to top it off we get a rebate through FX Rebate Central- worth checking out.

dlathrop

Mitglied seit May 21, 2012  33 Beiträge dlathrop Jun 16 2012 at 09:46
I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.

There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
PaxForexTrader

Mitglied seit Mar 19, 2012  7 Beiträge PaxForexTrader Jun 19 2012 at 06:21
My broker accept all client without additional questions. www.paxforex.com

mkeysor

Mitglied seit Nov 25, 2010  12 Beiträge TacticalFX (mkeysor) Jun 20 2012 at 02:34

   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.



dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.

PayPip

Mitglied seit Sep 04, 2009  25 Beiträge PayPip (PayPip) Jun 20 2012 at 03:24
This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol confused

I just trade.
dlathrop

Mitglied seit May 21, 2012  33 Beiträge dlathrop Jun 20 2012 at 14:21

   mkeysor posted:
   
   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.



dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.


I trade through BeamFX. As you've said though, FXDD apparently does it now as well. I don't think it will be too long before more brokers jump on the bandwagon. I'm surprised most U.S. traders still don't know they can hedge and exit trades in whichever order they like. This has been around for months...

There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
gelsi

Mitglied seit Apr 09, 2012  26 Beiträge Forex430 (gelsi) Jun 20 2012 at 14:46
ILQ is one that i know that does back office too.

MetaCoder

Mitglied seit Nov 26, 2011  126 Beiträge MetaCoder Jun 20 2012 at 19:10

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com

My recommended Broker http://bit.ly/yA4Cdo
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